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Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024.. The Virgin Money brand was founded by Richard Branson in March 1995.
The current logo of Virgin Money's operations outside the UK. Virgin Money's logo is focused around the main logo of Virgin Group, which is an underlined word 'Virgin' in a red and magenta gradient coloured circle. This logo was introduced in January 2012 to signify the purchase of Northern Rock, which used a magenta logo.
Clydesdale Bank plc is a retail and commercial bank based in Scotland and now owned by Virgin Money UK. It was formed in Glasgow , Scotland, in 1838 and since 2019 mainly trades as Virgin Money . With its international growth in commercial and industrial clients, including Sir Robert McAlpine & Sons, and their extensive credit requirements it ...
Nationwide has gained £2.3 billion following its acquisition of Virgin Money, according to the firm’s half-year results. The building society completed its £2.9bn takeover of Virgin Money in ...
If the deal goes through, Branson, who owns a 14.5% stake in the bank, is set to take home at least £420 million ($539 million). ... Virgin Money was later bought by Clydesdale and Yorkshire Bank ...
Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh) [1] is a trading name used by Clydesdale Bank plc for its retail banking operations in Scotland.. In June 2018, it was announced that Clydesdale Bank plc's holding company, CYBG, would acquire Virgin Money for £1.7 billion in an all-stock deal, and that Clydesdale Bank plc's Clydesdale Bank, Yorkshire Bank and B brands would be phased ...
In October 2024, Virgin Money UK was sold to the Nationwide Building Society. Branson made £724 million from the deal, £414 million from his 14.5% shareholding and £310 million for Nationwide's use of the Virgin Money brand for up to six years. [109]
If you want to know who really controls Virgin Money UK PLC ( LON:VMUK ), then you'll have to look at the makeup of its...